Jan 13, 2013 8:00am PST
on the economy or jobs. we have been very reactive to what is happening in the headlines, not atippal for a second president. but it is the soft under belly of the obama presidency. at then of the second sterl, if this chidoesn't turn around and unemploint ployment doesn't come down, the obama agenda will be a failure. they are making a huge mistake, trying to beat up on rich people, businesses and small businesses and raise taxes. the result of the policies, eric, is that unemployment will continue to stay high and poverty rates will continue to skyrocket. when you beat up on the rich, you create more poor and you make your budget problem worse because there are more people on welfare than there were before president obama came to office. >> what happened if there were more people on welfare and if the unemployment rate doesn't go down? >> that has to be the primary focus needs to be. there are two major challenges right now. first, this economy is focused for liftoff. in the corporate world, we are at the highest profit levels we have been since world war two. their productivity is
Jan 19, 2013 1:00pm PST
attached to it. >> heather: let's talk about the economy. the president starts his new term. less than 1% rate it as excellent. 9% say it's good shape. that is up a touch from his first inauguration but 91% of voters say economic conditions negatively today. why are we here again? >> you have to wonder. i point you back to november the conditions haven't changed all that much in two months. i would imagine that those exact numbers were the same on election day, and the american people not only re-elected the president but gave us the same senate in the house as we had before. so as much as they are saying economy isn't going well, when they had an opportunity to change things they voted for more of the same. >> heather: you mentioned congress, finally two polls dealing with that. first since president obama was re-elected, 30% think he has been more bipartisan in working with congressional republicans, 55% the majority says he has been more confrontational? >> i think some of the number for confrontational they are saying that as a positive. certainly democrats want him to be more confro
Jan 13, 2013 1:00pm PST
in an effort to fight lower enrollment rates due to the bad economy. is this trend going to continue? joining us to talk about it is university maryland economist peter morris se789. half of the declines, why are more young are deciding to forgo college education? >> the cost have jumped a lot and the graduates can't find jobs. there is a sense that it doesn't pay out. you get set with a lot of big loans and join the service, learn a trade. go to a community college and skip university all together. >> gregg: president obama wants everybody to go to college? >> it doesn't pay out. most stated universities offer diplomas that don't lead to a marketable skill. there are too many graduates working at starbucks these days. >> gregg: "wall street journal" analyzed this way. take a look at this. facing stagnant family income, shaky job prospects and a smaller pool of high school graduates, more schools are reining in tuition costs. is it possible that some tuition costs may actually go down, or we simply talking about slowing the rate of increase? >> i think it's slowing the rate of increase. it's
Jan 19, 2013 10:00am PST
hard options are and where to make the cuts so we can sustain our economy and channel some growth instead of going the opposite direction. >> well, i think it's just like any other budget that's out of whack. you first start where is the biggest potential area of savings? i would look at health care, i would look at the fact that in america, we spend one out of every $6 on health care. i think the government, you know, and this is not just me, you know, the congressional budget office, cbo-- >> when you're talking about health care, you're talking about medicaid, medicare, what other-- >> i'm talking about, a lot of the aspects, i think, that not only medicare and medicaid, i'm talking about looking at obamacare, i'm talking about looking at potential tort reform that might take some of the high lawsuits out of the equation. >> take the sting out of malpractice. >> yes, with still protecting people. i think the pharmaceutical companies, i mean, you know, my daughter went to the hospital and she was there for 40 minutes to see if she had a kidney stone and of course, it cost $4800.